Samson Mow Warns: Ethereum Faces BTC-Driven Pump-and-Dump
I believe that, in the long run, nobody truly wants Ethereum (ETH). Samson Mow warns that recent price action around ETH is being driven by Bitcoin (BTC) momentum and looks like a classic pump-and-dump scenario. From my perspective, short-term BTC-led rallies can temporarily lift ETH, but they don’t change the underlying demand dynamics for the Ethereum network.
I see this as a cautionary signal for crypto traders: ETH may rally alongside BTC, but those moves can be fleeting and speculative rather than evidence of sustainable adoption. As I watch the market, I remain skeptical about ETH’s long-term appeal if price surges are primarily a byproduct of Bitcoin-driven flows.
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